Revolution Bars cheers government eat out push
Revolution Bars has said it smashed expectations last month after the UK government’s pledge to give diners half-price meals made people flock to its sites, but warned that 11 bars could stay closed for much longer.
The company said sales at its reopened bars on Mondays, Tuesday sand Wednesdays were close to twice as high as in August last year.
The Treasury’ s Eat Out To Help Out scheme picked up the bill for half of a meal during the first three days of the
week. The sites’ sales were 188.4 per cent of the equivalent days last year, meaning that across the month sales were 77.5 per cent of the figures in August 2019.
It is a major boost for the bar company, which in a previous update to investors said it was expecting sales to only reach just 55 per cent of last year’s levels in the worst- case sce - nario.
But boss Rob Pitcher warned that 11 bars may not reopen until social distancing measures are relaxed further.